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Dear CIGAs,
The December US new home sales number released this morning tripped up the equity markets and brought further buying into the long bond with risk aversion trades the play of the day. Analysts ( I sure wish I could grow up to become one of those!) were expecting sales to climb 2.8%
Continue reading Hourly Action In Gold From Trader Dan
January 27, 2010, at 1:53 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Right from the equity frying pan into the no-return fire.
U.S. One-Month Bill Rate Negative for First Time Since March By Allison Bennett
Jan. 27 (Bloomberg) — Treasury one-month bill rates turned negative for the first time in 10 months, as issuance declines while investors seek the most easily-traded
Continue reading In The News Today
January 26, 2010, at 9:59 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
No surprise there.
FDIC chief expects 2010 bank failures to exceed 2009 Monday, January 25, 2010, 8:32pm EST | Modified: Monday, January 25, 2010, 8:34pm
Reacting to President Barack Obama’s recent proposal to impose limits on the size and scope of banks, Federal Deposit Insurance Corp. Chair Sheila Bair
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January 26, 2010, at 5:53 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Notes From Underground: Will the last person at Davos please sweep out the stables? Yra | January 26, 2010 at 4:51 pm
All we can do is ponder why Davos is in the limelight again. This self-absorbed group is meeting of under the banner of the World Economic Forum again to discuss the problems
Continue reading Jim’s Mailbox
Dear Friends,
The market seems a bit confused in today’s session as conflicting trades could be seen across a variety of markets. The Yen and the Dollar were both higher as those currencies generally benefit when the “risk averse” trades are in play. The bond market moved higher with prices making a 5 week
Continue reading Hourly Action In Gold From Trader Dan
January 25, 2010, at 11:09 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
"The principle of spending money to be paid by posterity under the name of funding, is but swindling futurity on a large scale." –Thomas Jefferson
Dear CIGAs,
I would label this political and economic suicide. Who is advising these people? All the economic recovery is so far is bottom bouncing.
Read today’s FDIC
Continue reading In The News Today
Dear CIGAs,
Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini.
Jim Sinclair’s Commentary
You want to know the facts about the US banking system?
Please read CIGA Richard’s excellent and detailed analysis. Alternatively you can sleep on, lulled by MOPE.
Dear CIGAs,
Below is a study of key FDIC enforcement actions I have been working on for some time.
Best regards, CIGA Richard B.
Continue reading Study Of Key FDIC Enforcement Actions 2005 To Date
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